Higher import duties expected to lift potato prices
Effect on struggling households expected to be short term, according to agricultural economist
07 August 2022 - 19:01
The state body responsible for enhancing the viability of the agricultural sector including increasing market access, says that while potatoes and some potato products are likely to cost more after the introduction of higher import duties, prices will not remain on an upward trajectory for long in part due to “reliable” local supply.
Thabile Nkunjana, an agricultural economist at the National Agricultural Marketing Council which also monitors food prices and inputs costs, said that newly introduced antidumping duties are likely to cause short-term price hikes...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.